No rush to ring the bell! Ripple reiterates that there are no IPO plans at the moment, with sufficient cash on hand.

CryptoCity
XRP-4,44%

Ripple explicitly denies IPO plans. With a valuation of $40 billion and ample funds, the company is shifting towards acquisitions and product expansion to build digital asset infrastructure connected to traditional finance.

Ripple, a blockchain payments company, President Monica Long stated that the company currently has no IPO plans and emphasized that Ripple’s financial health is solid. Instead of going public, the company prefers to expand through acquisitions and product development.

In an interview with Bloomberg on Tuesday, Monica Long mentioned: “At this stage, we still plan to remain private. Typically, companies pursue an IPO to gain investor support or liquidity in the public market, but our financial situation is very healthy. We are fully capable of continuing to fund and invest in the company’s growth without going public.”

Ripple completed a $500 million private placement last November, valued at $40 billion, with top institutional investors including Fortress Investment Group, Citadel Securities, and other leading firms.

It is worth noting that while there is curiosity about whether this round of funding includes investor protections such as “Put Options” or “Priority Payment Rights,” Monica Long only responded that “the transaction structure is very favorable to Ripple” without elaborating on details.

Looking ahead to 2025, Ripple’s expansion has accelerated significantly, with nearly $4 billion invested and four companies acquired, marking a transition from a payment service provider to a comprehensive digital asset infrastructure:

  • Hidden Road: A multi-asset prime broker providing institutional trading and clearing services worldwide
  • Rail: A stablecoin payment platform
  • GTreasury: A corporate treasury and cash management system provider
  • Palisade: A digital asset wallet and custody service provider

As of last November, Ripple Payments had processed transactions exceeding $95 billion. After acquiring Hidden Road, Ripple Prime has recently expanded into collateralized lending and institutional XRP-related products.

Notably, Ripple’s USD stablecoin RLUSD has become a core pillar supporting these two major businesses.

Monica Long pointed out: “Our entire company’s strategy is to build truly usable products. For traditional finance to smoothly connect with blockchain, cryptocurrencies, stablecoins, and various tokenized assets, a ‘key link’ layer is needed, and that is exactly the role Ripple aims to play — enabling these technologies to be practically applied in the real world.”

  • This article is reprinted with permission from: 《BlockCast》
  • Original title: 《No rush to ring the bell! Ripple reaffirms no IPO plans for now, cash on hand is sufficient》
  • Original author: Block Sister MEL
View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Why XRP Price to $1,000 Is a Mathematical Fantasy (The Numbers Don’t Lie)

The idea that the XRP price could reach $1,000 has been bandied about for years in online forums dedicated to cryptocurrency as well as on social media. On the surface, the idea sounds incredible. If XRP were to reach the price of $1,000, even a modest investment in the coin would become

CaptainAltcoin27m ago

Will XRP Hold $1.33 or Extend Toward $1.30 Before Rebound?

XRP is currently trading at $1.35, experiencing a 1.3% decline. Key support is at $1.34, while resistance is at $1.40. The price is testing around the Fibonacci levels of $1.33 and $1.30, crucial for potential upward movement or deeper decline.

CryptoNewsLand1h ago

Ripple’s RLUSD and XRP Top Donation Charts - U.Today

The Giving Block's 2026 Annual Report highlights a 66% increase in cryptocurrency donations, surpassing $100 million in 2025. Ripple leads this surge, with significant contributions to education nonprofits and ocean research, while warnings are issued for charities relying on traditional fundraising methods.

UToday1h ago

XRP Holds $1.34 Support as $1.80–$2.00 Becomes 2025 Make-or-Break Zone

XRP is trading at $1.37 and its trading higher than the support of $1.34 but facing a heavy resistance at $1.38. The critical structural pivot zone of $1.80-2.00 is the critical 2025 structural pivot. March structure has the targets of $2.78 and 3.60, with anticipated

CryptoNewsLand3h ago
Comment
0/400
No comments